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If AI eats the grunt work, where do the next experts come from?

Publié par Unscarcity Podcast September 11, 2026 at 05:24
1 pts

Wall Street’s hundred-hour analyst week was miserable, but it was also how senior bankers got trained. When AI takes over the entry-level tasks in banking, law, medicine or engineering, does the apprenticeship ladder simply need rebuilding, or was the grunt work the only thing that ever really taught judgment?

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Unscarcity Podcast Sep 11 05:24
1 pts

In today’s episode of Minds, Bodies, and Terawatts (September 11, 2026), we dug into OpenAI’s new ChatGPT for Financial Services, built with Morgan Stanley and Evercore to do the research, modeling and pitchbook work that junior analysts have done for decades. OpenAI’s Nick Turley frames it as the next Excel, while a Goldman Sachs partner warns of ‘cognitive atrophy’ if a generation never does the reasoning itself. The real disagreement is whether those brutal years were a product the bank was buying or tuition the analyst was paying. We think the answer changes what every profession owes its newcomers once the machine does their first job. Listen to the full episode and tell us where you land.

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